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May 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2007-03-21
BRIndex30 gains 325.55 points

BRIndex30 gains 325.55 points

On Tuesday, BRIndex30 opened at 11,941.00. It saw intra day high of 12,266.55 and recorded low of the day at 11,941.00. It closed at 12,266.55 with a net positive change of 325.55 points or 2.73 percent. The volume of BRIndex30 was 117,962,700, which was
Published 21 Mar, 2007 12:00am
Four children among 46 killed as Uzbeks, tribesmen clash

Four children among 46 killed as Uzbeks, tribesmen clash

Uzbek al Qaeda militants and tribesmen fought pitched battles that left at least 46 people dead including four children, officials said on Tuesday. Heavy exchanges of rocket and mortar fire rang out for a second day around Kalusha town in South Waziristan
Published 21 Mar, 2007 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (March 20, 2007).

Published 21 Mar, 2007 12:00am
Four children among 46 killed as Uzbeks, tribesmen clash

Four children among 46 killed as Uzbeks, tribesmen clash

Uzbek al Qaeda militants and tribesmen fought pitched battles that left at least 46 people dead including four children, officials said on Tuesday. Heavy exchanges of rocket and mortar fire rang out for a second day around Kalusha town in South Waziristan
Published 21 Mar, 2007 12:00am
CDWP approves 28 items; 17 schemes sent to Ecnec

CDWP approves 28 items; 17 schemes sent to Ecnec

The Central Development Working Party (CDWP) has approved 28 development schemes costing Rs 5.5 billion and forwarded 17 projects valuing Rs 76.7 billion to the Executive Committee of the National Economic Council (Ecnec) for approval.
Published 21 Mar, 2007 12:00am
CDWP approves 28 items; 17 schemes sent to Ecnec

CDWP approves 28 items; 17 schemes sent to Ecnec

The Central Development Working Party (CDWP) has approved 28 development schemes costing Rs 5.5 billion and forwarded 17 projects valuing Rs 76.7 billion to the Executive Committee of the National Economic Council (Ecnec) for approval.
Published 21 Mar, 2007 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (March 20, 2007).

Published 21 Mar, 2007 12:00am
CDWP approves 28 items; 17 schemes sent to Ecnec

CDWP approves 28 items; 17 schemes sent to Ecnec

The Central Development Working Party (CDWP) has approved 28 development schemes costing Rs 5.5 billion and forwarded 17 projects valuing Rs 76.7 billion to the Executive Committee of the National Economic Council (Ecnec) for approval.
Published 21 Mar, 2007 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (March 20, 2007).
Published 21 Mar, 2007 12:00am
BRIndex30 gains 325.55 points

BRIndex30 gains 325.55 points

On Tuesday, BRIndex30 opened at 11,941.00. It saw intra day high of 12,266.55 and recorded low of the day at 11,941.00. It closed at 12,266.55 with a net positive change of 325.55 points or 2.73 percent. The volume of BRIndex30 was 117,962,700, which was
Published 21 Mar, 2007 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (March 20, 2007).

Published 21 Mar, 2007 12:00am
KSE-100 index gains 190.06 points

KSE-100 index gains 190.06 points

The extension in implementation of Client Level Netting (CLN) in futures deliverable contracts for another 30 days, coupled with investors'' confidence over the prevailing political situation in the country invited fresh buying, especially in banking, cem
Published 21 Mar, 2007 12:00am
KSE-100 index gains 190.06 points

KSE-100 index gains 190.06 points

The extension in implementation of Client Level Netting (CLN) in futures deliverable contracts for another 30 days, coupled with investors' confidence over the prevailing political situation in the country invited fresh buying, especially in banking, ceme
Published 21 Mar, 2007 12:00am
KSE-100 index gains 190.06 points

KSE-100 index gains 190.06 points

The extension in implementation of Client Level Netting (CLN) in futures deliverable contracts for another 30 days, coupled with investors' confidence over the prevailing political situation in the country invited fresh buying, especially in banking, ceme
Published 21 Mar, 2007 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (March 20, 2007).

Published 21 Mar, 2007 12:00am
Tevta woodworking centers to be upgraded

Tevta woodworking centers to be upgraded

Necessary arrangements are being made to upgrade Tevta woodworking centers according to the escalating demand of furniture locally and globally. Chairman Technical Education and Vocational Training Authority (Tevta) Khalid Mahmood said this while addressi
Published 21 Mar, 2007 12:00am
'Trade exhibitions vital for promoting bilateral economic ties'

'Trade exhibitions vital for promoting bilateral economic ties'

An exhibition of Chinese products has been planned this year from July 24 to 28 here in city with a view to promote bilateral trade relations. "Such exhibitions and exchange of trade delegations play vital role in the growth of bilateral trade relations",
Published 21 Mar, 2007 12:00am
Samsung announces first lucky draw winners

Samsung announces first lucky draw winners

Samsung announced first three lucky draw winners of their joint promotional campaign, "250 Prizes in 6 Week. This campaign is an opportunity for customers to win a wide range of prizes including the bumper prize of l300cc Honda City car.
Published 21 Mar, 2007 12:00am
Scholarships for technical training offered

Scholarships for technical training offered

The Punjab government has launched a scholarship scheme to provide technical training to educated and deserving youth of the province. The scheme will help the youth to earn their livelihood by getting technical education at various vocational training in
Published 21 Mar, 2007 12:00am
US MIDDAY: gold jumps

US MIDDAY: gold jumps

Buying by funds drove US gold futures 1 percent higher early on Tuesday, as a robust housing report and a weaker dollar also helped push the precious metal contracts to its highest in more than two weeks.
Published 21 Mar, 2007 12:00am
US MIDDAY: copper hits three-month peak

US MIDDAY: copper hits three-month peak

US copper futures rose to a three-month peak in early trade on Tuesday after strong US housing data bolstered buying interest in the industrial metal, used in construction and electrical wiring, analysts said.
Published 21 Mar, 2007 12:00am
US MIDDAY: soyabeans mildly firm

US MIDDAY: soyabeans mildly firm

The Chicago Board of Trade soyabean complex was firming up but range-bound by midmorning Tuesday in light to moderate volume as wheat and corn turned higher, traders said.
Published 21 Mar, 2007 12:00am
US MIDDAY: wheat higher

US MIDDAY: wheat higher

Soft red winter wheat futures at the Chicago Board of Trade were higher at midsession on Tuesday in a short-covering bounce after recent declines to five-month lows, traders said.
Published 21 Mar, 2007 12:00am
US MIDDAY: corn lower

US MIDDAY: corn lower

Corn futures at the Chicago Board of Trade were lower early on Tuesday in quiet long-liquidation and scattered profit-taking, traders said. At 10:16 am CDT (1516 GMT), CBOT corn was down 6 cents per bushel to up 2, with May down 1-1/4 at $3.96-3/4 per bus
Published 21 Mar, 2007 12:00am
European gold hits two-week high

European gold hits two-week high

Gold jumped one percent to its highest in more than two weeks on Tuesday, driven by a rise in fund buying on the back of a weaker dollar, analysts said. Spot gold hit $660.60 an ounce before easing to $659.40/660.40 by 1603 GMT, against $653.30/654.30 in
Published 21 Mar, 2007 12:00am
Copper remains higher

Copper remains higher

Copper prices hit a new three-month high on Tuesday on rising demand, while tin surged to a fresh record on worries about supply, analysts said. Copper for three-months delivery on the London Metal Exchange hit $6,715 a tonne, its highest since December 1
Published 21 Mar, 2007 12:00am
Zambia suspends white maize exports

Zambia suspends white maize exports

Zambia has suspended white maize exports to avert possible domestic shortages after floods destroyed some of the crop, Agriculture Minister Ben Kapita told Reuters on Tuesday.
Published 21 Mar, 2007 12:00am
Oil World forecasts lower global coconut oil output

Oil World forecasts lower global coconut oil output

Global 2006/07 (October-September) coconut oil production is likely to fall eight percent on the year to 3.0 million tonnes, an eight-year low, Hamburg-based oilseeds analysts Oil World forecasts.
Published 21 Mar, 2007 12:00am
Oil slides on economic concerns

Oil slides on economic concerns

Oil slipped on Tuesday on lingering concerns over the health of the global economy and expectations for a drawdown in US gasoline stocks. US crude for May delivery, the most actively traded contract, settled 45 cents lower at $59.25, with the expiring Apr
Published 21 Mar, 2007 12:00am
Cool Europe weather poses little wheat crop risk

Cool Europe weather poses little wheat crop risk

Cooler European weather this week after a mild winter is unlikely to cause major damage to the coming wheat crop despite its advanced stage of growth, analysts and traders said on Tuesday.
Published 21 Mar, 2007 12:00am
London cocoa jumps to 3-1/2-year high

London cocoa jumps to 3-1/2-year high

London cocoa futures, underpinned by tight supplies and rising demand, jumped to a 3-1/2-year peak on Tuesday, driven by speculative and fund buying, dealers said. July ended 24 pounds up at 1,030 pounds a tonne after rising to a peak of 1,034 pounds, the
Published 21 Mar, 2007 12:00am
New York cotton futures marginally easier

New York cotton futures marginally easier

Cotton futures finished marginally easier Tuesday on speculative and options-related sales in subdued business since most players are looking toward release of next week's potential plantings report by the government, brokers said.
Published 21 Mar, 2007 12:00am
FTSE edges up on M&A activity

FTSE edges up on M&A activity

The FTSE 100 index of Britain's leading shares closed 0.5 percent higher on Tuesday, with leisure group Whitbread topping the leaderboard, as merger and acquisition activity continued.
Published 21 Mar, 2007 12:00am
Malaysian shares higher

Malaysian shares higher

Malaysian share prices closed 1.10 percent higher on Tuesday, rising sharply ahead of an investment conference to be held here starting Wednesday, dealers said.
Published 21 Mar, 2007 12:00am
US Stocks: Tuesday's early afternoon trade

US Stocks: Tuesday's early afternoon trade

US stocks gained on Tuesday as take-over activity in the technology sector reassured investors about equity valuations and offset apprehension about a policy-setting meeting beginning at the Federal Reserve.
Published 21 Mar, 2007 12:00am
Chinese main stock index rises

Chinese main stock index rises

Chinese main stock index rose 0.59 percent on Tuesday, climbing within one percent of its all-time high, even though most heavily weighted financial stocks were weak on profit-taking after they surged on Monday.
Published 21 Mar, 2007 12:00am
iTraxx contract roll in focus

iTraxx contract roll in focus

The introduction of a new series of iTraxx credit derivatives contracts occupied traders' attention early on Tuesday, although there was something of a debate about whether technical or fundamental factors would drive trading.
Published 21 Mar, 2007 12:00am
Yen extends losses in London

Yen extends losses in London

The yen extended losses against other major currencies on Tuesday as resurgent stock markets revived investors' appetite for risk and encouraged them to rebuild carry trades.
Published 21 Mar, 2007 12:00am
Sterling rallies

Sterling rallies

Sterling rose 1-1/2 US cents to hit a three-week high against the dollar and rallied versus the euro on Tuesday after above-consensus inflation data boosted expectations for another British interest rate hike. February headline inflation was 2.8 percent o
Published 21 Mar, 2007 12:00am
Indian rupee rises

Indian rupee rises

The Indian rupee strengthened past the elusive 44 mark to an 18-month high against the dollar on Tuesday, boosted by strong capital inflows and buoyant Asian markets. Traders said banks were offloading some of their dollar holdings to tide over a cash sho
Published 21 Mar, 2007 12:00am
Indian overnight rate hits nine-year high

Indian overnight rate hits nine-year high

Indian overnight cash rate leapt to its highest level in more than nine years on Tuesday after tax outflows last week caused a cash crunch and forced banks to borrow to maintain their regulatory holdings.
Published 21 Mar, 2007 12:00am
Britain bans 'dumb' cluster bombs

Britain bans 'dumb' cluster bombs

Britain has banned its armed forces from using "dumb" cluster bombs in order to cut the number of civilians killed and maimed by them, the Ministry of Defence said Tuesday. In future, British troops will only be allowed to use "smart" cluster bombs with f
Published 21 Mar, 2007 12:00am
Indian energy deals with Iran not a problem: US

Indian energy deals with Iran not a problem: US

The United States energy secretary said on Tuesday India's warming ties with Washington would not be hurt by its proposed oil and gas deals with Iran, a country the US accuses of seeking nuclear weapons. But Sam Bodman said the Bush administration remaine
Published 21 Mar, 2007 12:00am
North Korea talks stall over frozen funds

North Korea talks stall over frozen funds

Six-party talks aimed at ending Pyongyang's nuclear weapons programme stalled on Tuesday, hampered by a row over North Korean funds frozen in a tiny Macau bank, but the two Koreas said they were optimistic.
Published 21 Mar, 2007 12:00am
West vows to keep heat on Mugabe

West vows to keep heat on Mugabe

Western powers vowed on Tuesday to keep up pressure on Zimbabwean President Robert Mugabe despite threats to expel their diplomats if they continue to criticise his government.
Published 21 Mar, 2007 12:00am
Probe faults BP and US safety agency in 2005 blast

Probe faults BP and US safety agency in 2005 blast

An unsafe culture that pervaded London-based BP Plc was behind a deadly explosion at the company's giant Texas oil refinery in 2005, and the US agency charged with worker safety failed to spot the warning signs, federal investigators said on Tuesday.
Published 21 Mar, 2007 12:00am
Bangladesh opens drive against tax dodgers

Bangladesh opens drive against tax dodgers

Bangladesh's army-backed government, which has arrested scores of people in a crackdown on corruption, is to launch a campaign to root out tax dodgers ahead of its 2007/08 budget in June, officials said on Tuesday.
Published 21 Mar, 2007 12:00am
US eases diplomatic boycott of Palestinians

US eases diplomatic boycott of Palestinians

A senior US diplomat met Palestinian Finance Minister Salam Fayyad on Tuesday, denting Israel's drive to keep an international boycott of the new Palestinian unity government in place.
Published 21 Mar, 2007 12:00am
Germany and China urge rapid action on Iran resolution

Germany and China urge rapid action on Iran resolution

Germany and China urged rapid approval of a UN draft resolution that would impose sanctions on Iran for its nuclear programme after South Africa surprised major powers by proposing a softening of the document's wording.
Published 21 Mar, 2007 12:00am
English schools get right to ban veils

English schools get right to ban veils

Students in England could be banned from wearing full-face Muslim veils for security or educational reasons under government guidelines to be published on Tuesday, officials said.
Published 21 Mar, 2007 12:00am
Bush reaffirms strong backing to attorney general

Bush reaffirms strong backing to attorney general

US President George W. Bush renewed his support for Attorney General Alberto Gonzales on Tuesday in the face of resignation calls, as the Democratic-led Congress moved to widen its probe into the firings of eight federal prosecutors.
Published 21 Mar, 2007 12:00am
Time to try Iraq war leaders: Spanish judge

Time to try Iraq war leaders: Spanish judge

The judge who tried to jail Chile's former dictator Augusto Pinochet said on Tuesday it was time to hold US President George W. Bush and his allies to account for waging war in Iraq.
Published 21 Mar, 2007 12:00am
Flowers, animals signal spring arrived long ago

Flowers, animals signal spring arrived long ago

Early flowers, migrating swallows and sleepless bears are among signs that spring has arrived long ago in the northern hemisphere even as a record mild winter formally ends on Tuesday with a rare chill.
Published 21 Mar, 2007 12:00am
Rescuers struggle on after Russian coal mine blast kills 97

Rescuers struggle on after Russian coal mine blast kills 97

Russian rescuers raced Tuesday to find 13 miners still missing after a devastating gas explosion tore through a Siberian coal mine, killing at least 97 people, officials said. "We are looking for 13 more, 97 have been found dead," the Kemerovo Governor Am
Published 21 Mar, 2007 12:00am
British troops target Taliban chiefs

British troops target Taliban chiefs

British troops in Afghanistan have changed tactics, targeting top Taliban leaders in order to counter their switch to a new wave of bombings and suicide attacks, a senior commander said on Tuesday.
Published 21 Mar, 2007 12:00am
Pakistan selectors quit after World Cup debacle

Pakistan selectors quit after World Cup debacle

Pakistan's chief cricket selector and the rest of the national selection committee have resigned following the national team's humiliating exit from the World Cup, a statement said Tuesday.
Published 21 Mar, 2007 12:00am
Naseem offers resignation to president

Naseem offers resignation to president

Pakistan Cricket Board chairman Naseem Ashraf has offered his resignation to President Pervez Musharraf following the national team's disastrous exit from the World Cup, a spokesman said Tuesday.
Published 21 Mar, 2007 12:00am
Team not detained over Woolmer death probe: official

Team not detained over Woolmer death probe: official

Pakistan denied on Tuesday that the World Cup team had been ordered to stay in Jamaica until the investigation into coach Bob Woolmer's death was completed. "We hope to get an autopsy report later Tuesday and see all the investigation complete by Wednesda
Published 21 Mar, 2007 12:00am
Sobers and Gibbs present million dollar cheque

Sobers and Gibbs present million dollar cheque

Garfield Sobers joined Herschelle Gibbs, the newest member of cricket's most exclusive 6-6-6-6-6-6 club, to present a million dollar cheque to charity on Monday.
Published 21 Mar, 2007 12:00am
West Indies go through with win over Zimbabwe

West Indies go through with win over Zimbabwe

World Cup hosts West Indies qualified for the Super Eights stage of the competition after a six-wicket victory over Zimbabwe in Group D on Monday. Sean Williams struck an unbeaten 70 as Zimbabwe recovered from 59 for four to make a total of 202 for five b
Published 21 Mar, 2007 12:00am
Inzamam ready for final curtain

Inzamam ready for final curtain

Pakistan skipper Inzamam-ul-Haq faces his last one-day international on Wednesday in a mood of deep despondency over Bob Woolmer's death but optimistic for the team's future. Inzamam has been a central figure in the Pakistan side ever since he starred wit
Published 21 Mar, 2007 12:00am
India back in the World Cup picture: Dravid

India back in the World Cup picture: Dravid

India's record World Cup victory over Bermuda was ideal preparation before their must-win final Group B tie against Sri Lanka, skipper Rahul Dravid said on Monday. India defeated the World Cup debutants by a record one-day margin of 257 runs after piling
Published 21 Mar, 2007 12:00am
Wasim Bari blasts Inzamam

Wasim Bari blasts Inzamam

Pakistan's former chief cricket selector Wasim Bari Tuesday criticised captain Inzamam-ul-Haq for not leading the side from the front and making wrong selections which led to their World Cup failure.
Published 21 Mar, 2007 12:00am
England coaches also fined for drinking session

England coaches also fined for drinking session

England coaches Kevin Shine and Jeremy Snape have also been fined for their part in Friday's drinking session, sources familiar with the matter said on Tuesday.
Published 21 Mar, 2007 12:00am
Hong Kong dollar inches lower

Hong Kong dollar inches lower

The Hong Kong dollar edged lower on Tuesday, while short-dated money rates softened as funds came back into the interbank market after the closure of IPOs last week. The currency was trading at 7.8128/29 against the US dollar, having touched a low of 7.81
Published 21 Mar, 2007 12:00am
Asian currencies higher

Asian currencies higher

Most Asian currencies rose on Tuesday as a rally in equities tempted investors back into riskier assets following recent volatility in global markets But the pick up in risk appetite hurt the Taiwan dollar, which fell to its lowest in more than 4-1/2 mont
Published 21 Mar, 2007 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 68.90/68.905 (previous 68.90/68.93). Call Money Rates: 6.50-10.00 percent (previous 6.50-10.00 percent).
Published 21 Mar, 2007 12:00am
Yen tumbles amid global equities rebound

Yen tumbles amid global equities rebound

The Japanese yen hit a 2-1/2-week low against the euro and dipped against the dollar on Monday as a rash of corporate merger news bolstered global stock markets, reviving investors' appetite for risk.
Published 21 Mar, 2007 12:00am
Yen dips

Yen dips

The yen retreated against the dollar on Tuesday as Japanese shares extended their rally into a second day, reflecting greater investor appetite for risk. The yen had rallied since late February as a sell-off in global stock markets prompted investors to s
Published 21 Mar, 2007 12:00am
Yuan ends down

Yuan ends down

The yuan closed slightly weaker against the dollar on Tuesday after China's central bank governor Zhou Xiaochuan said there was no target for a rise in the currency. The yuan ended at 7.7375 to the dollar versus 7.7360 at Monday's close.
Published 21 Mar, 2007 12:00am
Swiss franc weakens

Swiss franc weakens

The Swiss franc retreated against major currencies on Tuesday, following a similar path to the yen, as investor appetite for risk appeared to recover and as Swiss producer/import price data sent benign inflation signals.
Published 21 Mar, 2007 12:00am
Jakarta shares decline

Jakarta shares decline

Indonesian share prices closed 0.14 percent lower on Tuesday in see-saw trade that saw profit-taking offset by gains in large-cap stocks, dealers said. The Jakarta Stock Exchange composite index lost 2.467 points at 1,775.423, off an intra-day high of 1,7
Published 21 Mar, 2007 12:00am
Indian stocks end firmer

Indian stocks end firmer

Indian shares closed up 0.48 percent on Tuesday, coming off the day's highs amid uncertainty over a key US Federal Reserve monetary policy meeting starting later in the day, dealers said. They said international and domestic interest rate worries would ke
Published 21 Mar, 2007 12:00am
Tokyo stocks rally

Tokyo stocks rally

The Nikkei average rose 0.90 percent on Tuesday as Fanuc Ltd climbed after it bought back about 2.6 percent of its own shares, and property shares such as Mitsui Fudosan Co Ltd gained ahead of a government report on land prices.
Published 21 Mar, 2007 12:00am
Thai share prices surge

Thai share prices surge

Thai share prices closed 0.39 percent higher on Tuesday, in line with firmer regional stocks as investors awaited the outcome of the US Federal Reserve meeting, dealers said. They said the market was searching for fresh leads, with investors putting decis
Published 21 Mar, 2007 12:00am
Singapore stocks soar

Singapore stocks soar

Singapore share prices closed 0.11 percent firmer on Tuesday, coming off early highs as profit-taking eroded sharp gains made on the back of Wall Street's rise on Monday night, dealers said. They said investors were reluctant to position aggressively ahea
Published 21 Mar, 2007 12:00am
China bans firms from using IPO proceeds in stock market

China bans firms from using IPO proceeds in stock market

China has banned firms flush with new share sale proceeds from investing the money in securities in the latest regulatory move aimed at cooling stock market fever, the government said Tuesday.
Published 21 Mar, 2007 12:00am
Global stock bounce saps demand for US bonds

Global stock bounce saps demand for US bonds

US Treasuries retreated on Monday as a recovery in global stock markets countered some of the risk aversion that had been supporting bonds. A weaker-than-expected reading on the US housing sector offered little solace to government debt traders who were t
Published 21 Mar, 2007 12:00am
Global stock bounce saps demand for US bonds

Global stock bounce saps demand for US bonds

US Treasuries retreated on Monday as a recovery in global stock markets countered some of the risk aversion that had been supporting bonds. A weaker-than-expected reading on the US housing sector offered little solace to government debt traders who were t
Published 21 Mar, 2007 12:00am
US stocks up as M&A grabs subprime's spotlight

US stocks up as M&A grabs subprime's spotlight

US stocks rallied on Monday after Britain's Barclays Plc and Dutch bank ABN Amro confirmed they were in talks to merge, boosting financial shares in the wake of the subprime mortgage market turmoil. A slew of M&A deals in other industries, including energ
Published 21 Mar, 2007 12:00am
China Mobile lifts Hong Kong shares

China Mobile lifts Hong Kong shares

Hong Kong blue chips rose 0.5 percent on Tuesday, buoyed by Wall Street gains, as investors bid up China Mobile on the eve of its earnings report and Intime Department Store made a solid debut.
Published 21 Mar, 2007 12:00am
Philippines shares close flat

Philippines shares close flat

Philippines shares closed flat on Tuesday as investors fretted about the outlook for interest rates despite solid gains on Wall Street and in the regional markets, dealers said. Profit-taking in Globe Telecom Inc and Megaworld Corp outweighed gains in Phi
Published 21 Mar, 2007 12:00am
Taiwan stocks off three-week high

Taiwan stocks off three-week high

Taiwan shares ended 0.02 percent lower on Tuesday as investors pocketed gains after the market hit a 3-week high, but companies such as LCD panel maker Chi Mei gained ground on hopes of a recovery in demand. The main TAIEX share index closed at 7,736.20,
Published 21 Mar, 2007 12:00am
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